Biz Beat Blog

J.C. Penney appealed the New York judge’s ruling in the case with Macy’s over Martha Stewart

J.C. Penney has appealed a two-week old ruling from a New York State Supreme Court that said it interfered in Macy’s agreement with Martha Stewart Living Omnimedia.

Justice Jeffrey Oing left the punitive damage and attorney’s fees to a judicial hearing officer or special referee.

Penney said on June 16 that it was considering its options for appeal and Tuesday, the Plano-based company issued this statement:

“While we appreciate the court’s efforts in this multi-year litigation, we respectfully disagree with and are disappointed by this outcome. The company does not believe that money damages are warranted and is defending against any damages by exercising its option for appeal.”

Macy’s issued this statement Tuesday afternoon:

“We are confident that appellate courts will affirm Justice Oing’s finding that J.C. Penney tortiously interfered with Macy’s contract with MSLO. In addition, in light of J.C. Penney’s decision to appeal Justice Oing’s ruling, Macy’s plans to appeal that part of the Court’s decision denying a punitive damage award to Macy’s. Macy’s believes that the trial record and the Court’s factual findings clearly justify punitive damages, and that the Court erred in not awarding them.”

Editor Picks

Comments

To post a comment, log into your chosen social network and then add your comment below. Your comments are subject to our Terms of Service and the privacy policy and terms of service of your social network. If you do not want to comment with a social network, please consider writing a letter to the editor.

Ad:TopLeft

Ad: Position1

Archives Title

Archives

ArchivesAbout this blog

About This Blog

Daily breaking news alerts from the Business staff of The Dallas Morning News.